Htc closes 2017 with the worst figures in 13 years
Table of contents:
HTC is a company that has lived through a very difficult 2017 year. We know that for a long time things have not been going well with the company. Something that has been proven once again when the company's economic figures for 2017 have been published. Before going into more detail, it is enough to know that they are the worst figures they have had in 13 years.
HTC closes 2017 with the worst figures in 13 years
The company itself has issued a statement in which they publish the financial data for the past year. A 2017 that can simply be described as disastrous for the Taiwanese company. Since the income has suffered a huge fall. We tell you more below.
Bad results for HTC
According to the data of HTC itself, the income of the last month of 2017 amounted to 4.02 billion Taiwanese New Dollars (NDT), this translates into 114 million euros. It represents a drop of 37.3% compared to the same period last year. In addition, the firm's revenues have remained 1.8 billion euros. So they have also suffered a decrease compared to the 2016 figures. More bad news for the firm.
But, the good part is that there is still some hope. Since thanks to the agreement of HTC and Google, the company's accounts could end up healthy. So the bad situation could be left behind. Although the agreement must be ratified throughout this year. So we still have to wait a few months. But, it is worth $ 1.1 billion.
Through this agreement, HTC provides Google with access to intellectual property, as well as part of the hardware equipment. We hope that 2018 is a better year for the Taiwanese company and that they can trace their results.
Tech stocks see worst day in seven years, amd and nvidia slump
Tech stocks posted their worst overall day since 2011, AMD and Nvidia have been hit hard.
Huawei recovers its sales figures in Spain
Huawei recovers its sales figures in Spain. Find out more about the company's sales that return to pre-crisis figures.
Bitcoin sinks close to 40% in worst week in years
Bitcoin is sinking close to 40% in its worst week in years. Find out more about the bad week that the currency is experiencing that creates doubts.